Week Closes with Japanese GDP and University of Michigan

The most relevant of the last session of the week will be the Japanese GDP of the first quarter, and the confidence data of the University of Michigan in May, plus the reviews of the sovereign ratings of Greece (Fitch) and Portugal (Moody’s). The recent agreement between China and the United States opens a new stage in the trade war initiated by President Trump with the “Day of Liberation.” A war for which “the non-American world can be grateful…